Authorities in Maldives should provide tax incentives to tourism businesses and restructure the existing model of resort operations to minimise the impact on people employed in...
China’s exports and imports fell in May as the economic slowdown abroad started to take its toll, and after a surprise jump driven by increased demand...
OPEC members, led by Saudi Arabia, and other key oil producers agreed Saturday to extend historic output cuts through July, as oil prices tentatively recover and...
LONDON/LOS ANGELES/MADRID (Reuters) – The $1 trillion container shipping industry is in a slowdown. Literally. Some shipping lines, whose retail customers are being hammered by the...
BEIJING (Reuters) – Three weeks ago, Beijing authorities swooped in on Shan Peng and her makeshift street stall, seizing her merchandise – yogurt and casual pants...
President Donald Trump declared the US economy in “rocket” mode Friday after data showed a surprising recovery in the coronavirus-ravaged jobs market — lifting his own...
Marriott has been ordered by the US Treasury Department to close its Four Points Sheraton hotel in Havana by the end of August and abandon plans...
FRANKFURT (Reuters) – The European Central Bank approved a bigger-than-expected expansion of its stimulus package on Thursday to prop up an economy plunged by the coronavirus...
Aviation authorities in Maldives are exploring the possibility of allowing private jets to directly land at airports other than the main Velana International Airport, as the...
PARIS (Reuters) – Airlines cut domestic fares by an average 23% last month as traffic picked up from April lows, global industry body IATA said on...